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Compound Adopts Uniswap-Style Governance with New Foundation

  • Compound Finance is exploring the establishment of a dedicated foundation to enhance its governance and operational efficiency.
  • The proposed foundation takes inspiration from the Uniswap Foundation, aiming to emulate its successful blueprint for a more organized and decentralized ecosystem.
  • Compound Labs plans to involve the community in conversations about the proposed foundation, encouraging feedback and active collaboration.
  • The market has shown optimism following the news, with Compound's COMP token seeing notable gains in price.

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